Globus Medical (GMED) Tops Q1 EPS by 12c, Offers Guidance

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Globus Medical Reports First Quarter 2021 Results

May 4, 2021 4:15 PM EDT

AUDUBON, Pa., May 04, 2021 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended March 31, 2021.

Worldwide net sales were $227.3 million, an increase of 19.3% as compared to the first quarter of 2020GAAP net income for the quarter was $45.3 million, or 19.9% of net sales, which is an increase of 74.7% as compared to the first quarter of 2020GAAP diluted earnings per share (EPS) was $0.44 and... More